www.processengineer.co.uk Ltd - Accounts to registrar - small 17.2
www.processengineer.co.uk Ltd - Accounts to registrar - small 17.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 January 2017 |
for |
www.processengineer.co.uk Ltd |
www.processengineer.co.uk Ltd (Registered number: SC261410) |
Contents of the Financial Statements |
for the Year Ended 31 January 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
www.processengineer.co.uk Ltd |
Company Information |
for the Year Ended 31 January 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
182 High Street |
Montrose |
ANGUS |
DD10 8PH |
www.processengineer.co.uk Ltd (Registered number: SC261410) |
Balance Sheet |
31 January 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | 6 |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
www.processengineer.co.uk Ltd (Registered number: SC261410) |
Notes to the Financial Statements |
for the Year Ended 31 January 2017 |
1. | STATUTORY INFORMATION |
www.processengineer.co.uk Ltd is a |
company's registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The directors have a reasonable expectation that the company has adequate resources to continue in |
operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of |
accounting in preparing the annual financial statements. |
Tangible fixed assets |
Equipment | - |
Contracts for services |
Where the substance of a contract is that the contractual obligations are performed gradually over time, |
revenue is recognised as contract activity progresses to reflect the partial performance of our contractual |
obligations. The amount of revenue included reflects the accrual of the right to consideration as contract |
activity progresses by reference to value of the work performed. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Equipment |
£ |
COST |
At 1 February 2016 |
and 31 January 2017 |
DEPRECIATION |
At 1 February 2016 |
Charge for year |
At 31 January 2017 |
NET BOOK VALUE |
At 31 January 2017 |
At 31 January 2016 |
www.processengineer.co.uk Ltd (Registered number: SC261410) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2017 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Taxation and social security |
Other creditors |
6. | RESERVES |
Retained |
earnings |
£ |
At 1 February 2016 |
Deficit for the year | ( |
) |
Dividends | ( |
) |
At 31 January 2017 |
7. | RELATED PARTY DISCLOSURES |
P J Langrish |
Director and shareholder |
P J Langrish operated a director's loan throughout the year where he was advanced £237 and withdrew £256. |
The loan is operated on an interest free basis. |
2017 | 2016 |
£ | £ |
Amount due to related party at the balance sheet date | 237 | 256 |
8. | FIRST YEAR ADOPTION |
The Company has transitioned to FRS 102 from previously being prepared under the historical cost convention |
and in accordance with the Financial Reporting Standards for Smaller Entities (effective from January 2015) |
as at 1st February 2015. |